This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
960 S Le Jeune Rd
Miami, FL 33134
Vegas Apartments · Multifamily Property For Sale
·
30 Units
PROPERTY FACTS
| No. Units | 30 | Building Size | 25,710 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | RU-4 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 25,710 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1969 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | RU-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
SITE AMENITIES
- Controlled Access
- Fenced Lot
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Zen Garden
ABOUT 960 S LE JEUNE RD , MIAMI, FL 33134
The Keyes Company is proud to exclusively market Vega's Apartments, a 30 unit apartment community located at 960 South LeJeune Road in Miami, Florida. This multi-family asset offers substantial “value-add” upside by exercising the opportunity to raise rents and bringing them to current market rates as renewals take place. With a strong local rental market and a vacancy rate is virtually 0%, upward leasing rates can be expected to continue well into the future. Vega's Apartments provide an investor a unique opportunity to acquire a well maintained property with the opportunity to increase income and value over time with improvements and operational efficiencies. There is strong demand in the Class C rental market- due to a short supply of affordable rental properties. A new owner to benefit from near term rent growth as multifamily fundamentals continue to strengthen in the Miami Region with. Gross income is based on projected market rent, taxes and reserve for repairs. This property is located on the hard corner of SW 9th Street and LeJeune Road. FINAL CALL FOR OFFERS DEADLINE IS FRIDAY, MAY 31, 2019. PLEASE SEND HIGHEST AND BEST OFFERS TO CARLOSVILLANUEVA@KEYES.COM AND CARMENSIMAN@KEYES.COM
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | $950.00 | 400 |
| 1+1 | 18 | $1,200 | 572 |
| 2+1 | 9 | $1,400 | 762 |
PROPERTY TAXES
| Parcel Number | 30-4108-013-0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,358,606 |
PROPERTY TAXES
